Property taxes for co-ops are based on their tax rate and your unit share of the co-op itself.
If you own a share in a co-op, you may be eligible to claim a Home Owner Grant to reduce the property taxes you pay.
Advance taxes: Thursday, February 2
Main taxes: Wednesday, July 5
Home owner grant: Wednesday, July 5
Co-op owners, together, need to:
Instructions to complete Form A (180 KB)
In 2017 the home owner grant threshold of assessed or partitioned value is $1.6 million (from $1.2 million in 2016). The grant is reduced by $5.00 for each $1,000.00 above the threshold.
If you qualify for the seniors or other additional grant, but the grant amount has been reduced or eliminated due to the $1.6 million threshold, you may still be eligible for the low income grant supplement .
If you have concerns about the threshold change, please contact the Province of BC's Home Owner Grant Administration Branch: